AXP - American Express Company
| Previous Close | 106.62 |
| Open | 107.33 |
| Bid | 0.00 x 1800 |
| Ask | 0.00 x 3000 |
| Day's Range | 107.12 - 108.09 |
| 52 Week Range | 89.05 - 114.55 |
| Volume | 3,882,306 |
| Avg. Volume | 4,089,732 |
| Market Cap | 90.951B |
| Beta (3Y Monthly) | 1.08 |
| PE Ratio (TTM) | 13.58 |
| EPS (TTM) | 7.91 |
| Earnings Date | Apr 16, 2019 - Apr 22, 2019 |
| Forward Dividend & Yield | 1.56 (1.46%) |
| Ex-Dividend Date | 2019-01-03 |
| 1y Target Est | 115.13 |
- Zacks•11 hours ago
American Express (AXP) Up 7.9% Since Last Earnings Report: Can It Continue?
American Express (AXP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
- Morningstar•2 days ago
Berkshire Picks Up Red Hat and Suncor, Dumps Oracle
The firm also increased its stake in JPMorgan Chase and other financials.
- Moody's•2 days ago
American Express Credit Account Secured Note Trust 2019-1 -- Moody's assigns definitive ratings to American Express 2019-1 card ABS
Moody's Investors Service has assigned a definitive Aaa (sf) rating to the Class A 2.87% Asset Backed Certificates and a definitive Aa3 (sf) rating to the Class B 3.07% Asset Backed Certificates of Series 2019-1 issued by the American Express Credit Account Master Trust, sponsored by American Express National Bank. Moody's has also assigned a definitive Baa2 (sf) rating to the Class 1 3.39% Secured Notes issued by the related American Express Credit Account Secured Note Trust 2019-1. Moody's also announced today that the issuance of the Series 2019-1 Certificates on February 14, 2019 would not, in and of itself and as of this time, result in the downgrade or withdrawal of the ratings assigned to any class of outstanding securities issued by American Express Credit Account Master Trust.
- Business Wire•2 days ago
American Express Chief Financial Officer to Participate in KBW Cards, Payments & Financial Technology Symposium
American Express Company Chief Financial Officer, Jeffrey C. Campbell, will participate in the Keefe, Bruyette & Woods Cards, Payments & Financial Technology Symposium in New York City, on Thursday, February 28, 2019, at 11:00 a.m.
Reuters•2 days agoData localisation, e-commerce not discussed at U.S.-India summit: U.S. envoy
NEW DELHI (Reuters) - Data localisation, e-commerce legislation and the generalised system of preferences (GSP) were not expressly discussed during talks between the United States and India, U.S. Ambassador ...
- Reuters•3 days ago
Data localisation, e-commerce not discussed at U.S.- India summit - U.S. envoy
Data localisation, e-commerce legislation and the generalised system of preferences were not expressly discussed during talks between the United States and India, U.S. Ambassador Kenneth Juster said on ...
- Market Realist•4 days ago
Dan Loeb Increased Third Point’s Position in These Stocks in Q4
Dan Loeb's Third Point Had a Weak 2018: Will 2019 Be Any Better?(Continued from Prior Part)Third Point’s only new position In Q4 2018, Third Point initiated a new position in Cigna (CI), which is an American healthcare services organization. Hike
- Simply Wall St.•5 days ago
Will American Express Company’s (NYSE:AXP) Earnings Grow In The Year Ahead?
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! As American Express Company (NYSE:AXP) released itsRead More...
- MoneyShow•9 days ago
Charge It Expert Eyes Amex
American Express (AXP) is well known as the third largest credit card issuer. Unlike Visa (V) and MasterCard (MA), Amex mostly issues its cards directly rather than by partnering with banks, explains Shawn Allen, contributing editor to Internet Wealth Builder.
- Moody's•10 days ago
American Express Credit Account Secured Note Trust 2019-1 -- Moody's assigns provisional ratings to American Express 2019-1 card ABS
Moody's Investors Service has assigned a provisional (P)Aaa (sf) rating to the Class A Fixed Rate Asset Backed Certificates and a provisional (P)Aa3 (sf) rating to the Class B Fixed Rate Asset Backed Certificates of Series 2019-1 to be issued by the American Express Credit Account Master Trust, sponsored by American Express National Bank. Moody's has also assigned a provisional (P)Baa2 (sf) rating to the Class 1 Fixed Rate Secured Notes to be issued by the related American Express Credit Account Secured Note Trust 2019-1.
- Motley Fool•10 days ago
Could We Make an Entire “War on Cash” Index?
Maybe the war-on-cash basket doesn’t really do the magnitude of this trend justice.
- TheStreet.com•10 days ago
2 Value Stocks Buoyed by Recent Insider Buying
Last night's SOTU address appears to have not offered anything that riled equities, based on pre-market futures. The outcome of Brexit continues to remain murky at best, while the U.S./China trade talks do seem to be advancing. Fourth-quarter results have largely exceeded expectations, the jobs market remains robust -- and more encouragingly and importantly, the Federal Reserve seems to be continued to be focused on reassuring the market that it remains patient on future rate hikes.
- Motley Fool•11 days ago
War on Cash Rages On
More businesses aren’t accepting cash. Could cash eventually go away forever?
- Business Wire•11 days ago
American Express and Bill.com Introduce Vendor Pay, a New Streamlined, Automated Approach to Accounts Payable
Vendor Pay marks the first time businesses can choose to use a card to make vendor payments within a Bill.com solution. Businesses can now efficiently reconcile payments, earn the rewards1 of their Business or Corporate Card and improve working capital. Today, American Express (AXP) and Bill.com announced a strategic partnership with a new offering: American Express “Vendor Pay” by Bill.com.
- CNBC•11 days ago
Forget the calories — eating out can fatten your credit card rewards
More banks are offering rewards for dining out than ever before, says Julian Mark Kheel, senior analyst at The Points Guy. Here's what you should know.
- Investopedia•12 days ago
What is the Best Thing to Do with $100K in Cash?
Here is a problem that most people would be happy to have: You suddenly find yourself with an extra $100,000 in discretionary cash on hand and you're not sure what to do with it! The operative word here is discretionary.
- The Wall Street Journal•13 days ago
[$$] Online lender Better Mortgage Raises $70 Million in Venture Capital
In just two years, online lending platform Better Mortgage Inc. has appreciated in value like a move-in ready home in a sought-after neighborhood. The New York company raised a $70 million Series C funding round from a group of investors that include Healthcare of Ontario Pension Plan and American Express Ventures, in a deal that values the company at just north of $500 million. Prior backers of the company, including Goldman Sachs Group Inc., Kleiner Perkins and Pine Brook Partners, also participated in the round, according to a news release.
- Motley Fool•15 days ago
Is Berkshire Hathaway a Buy?
Warren Buffett's investment vehicle hasn't been a star performer lately, but does it belong on the ignore list?
- Zacks•16 days ago
American Express (AXP) Gains But Lags Market: What You Should Know
American Express (AXP) closed the most recent trading day at $102.69, moving +0.02% from the previous trading session.
- InvestorPlace•16 days ago
Visa Stock Is Stalling on Earnings… But It’s Not Done Yet
Visa (NYSE:V) reported earnings last night and it popped on the headline. This on a day where Visa stock had already moved up 2% going into the earnings event. This morning investors are stepping back as V is down a little. Source: Kārlis Dambrāns via Flickr Visa is a quality company which makes V stock one to hold for the long term. Small dips on headlines are not critical for the overall long-term investment. Those who need exposure to the financial sector should consider buying Visa stock. This is not 2018. Last year, sentiment was terrible and markets could not maintain a rally. This was especially true for the financials and consensus was that they could not sustain rallies. But transactor companies like Visa, Mastercard (NYSE:MA) and even Square (NYSE:SQ) have the best of both world. When financial stocks rally, V stock also rallies. But if the bank stocks like Bank of America (NYSE:BAC) fall, the transactors only fall in sympathy for a short while. Then they continue to move with the markets in general, not the banks. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 5 Dividend Stocks to Help You Through the Market's Mayhem So far this year the macro-sentiment has been the opposite of December. The Christmas crash, as bad as it was, did flip the switch. Thus far, the bears have failed this year. Case in point: last night, Facebook (NASDAQ:FB), which is a stock that has many haters, spiked 9% on their earnings headline. Sellers couldn't even materially hurt a controversial stock like Tesla (NASDAQ:TSLA) who faces a slew of serious challenges. So, unless things change again, I expect the bulls to remain in control. The macroeconomic conditions are still strong in spite of a few pockets of weakness. Overall, companies are delivering strong P&Ls. So shorting here makes little sense. ### Trading Visa Stock I am already long American Express (NYSE:AXP) and profitable with it. But Visa stock is another one I'd buy here. This would be a trade I can hold for years. My approach to this also has short-term opportunity. Technically, V stock has been trading in a tight range for January. And coming into the earnings event it was trading just below a potential breakout line. When that happens, a breakout from a tight range usually over shoots in that direction once the limit is breached. In this case, if Visa can rise above $140 per share it can invite more buyers. The upside target could then target the $150 zone. There are a few spots of potential resistance along the way. First at $141 and $142.20 per share which were failure levels on December 12th and 7th respectively. Then, there is a bigger pivot point at $145.75 which was an important island reversal on December 4. Breaking out of that one can really heat the rally up. Will there be dips? Likely. But in the long run, if the markets are higher then so is Visa stock. Investors aren't going to regret buying shares at this valuation over the years. Visa sells at a 33 price-to-earnings ratio which is in line with MA but much cheaper than PayPal (NASDAQ:PYPL) which sells at 50 P/E and SQ who still loses money. Only AXP is cheaper from that perspective. ### The Bottom Line for Visa Stock I believe that from here, the blindside is to the upside for Visa stock. Meaning the likelihood of an upside surprise is far greater than a trap door. Consider the fact that the resolution to the China/U.S.tariff standoff could include an open door to Visa and its competitors to enter the Chinese markets unrestricted. If that happens, then the upside is massive. * 7 Stocks With Too Much Riding On China The analysts on Wall Street agree. They almost uniformly rate V stock as a BUY yet it is still trading much lower than their price range. They too believe that more upside is definitely the likely scenario for years. Click here for a bonus video that I recently shared discussing Square (SQ). I think it can help looking at this one here too. Nicolas Chahine is the managing director of SellSpreads.com. As of this writing, he did not hold a position in any of the aforementioned securities. You can follow him as @racernic on Twitter and Stocktwits. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 5 Machine-Learning Stocks to Buy for a Smarter Portfolio * 10 Stocks to Sell in February * 10 Triple-A Stocks to Buy in February Compare Brokers The post Visa Stock Is Stalling on Earnings… But It's Not Done Yet appeared first on InvestorPlace.
- Markit•16 days ago
See what the IHS Markit Score report has to say about American Express Co.
# American Express Co ### NYSE:AXP View full report here! ## Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock have seen outflows over the last one-month * Bearish sentiment is low ## Bearish sentiment Short interest | Positive Short interest is extremely low for AXP with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting AXP. ## Money flow ETF/Index ownership | Negative ETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding AXP totaled $23.55 billion. Additionally, the rate of outflows appears to be accelerating. ## Economic sentiment PMI by IHS Markit | Neutral According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Financials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. ## Credit worthiness Credit default swap | Neutral The current level displays a neutral indicator. AXP credit default swap spreads are within the middle of their range for the last three years. Please send all inquiries related to the report to score@ihsmarkit.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- Zacks•17 days ago
Nasdaq (NDAQ) Q4 Earnings In Line, Revenues Beat Estimates
Nasdaq (NDAQ) Q4 earnings reflects solid growth across all business segments as well as decline in expenses.
- CNBC Videos•10 days ago
The long term outlook on American Express, the trade on Vale & more in #AskHalftime
The "Halftime Report" traders answer viewer questions on Constellation Brands, American Express, Vale & Store Capital.
